MoneyWorks4Me

Indian Overseas Bank to employ 1500 clerks

27 Jun 2012 Evaluate

Indian Overseas Bank (IOB) is recruiting 1,500 clerks as part of its recruitment programme for 2012. The candidates who appeared for the common written exam for clerical posts conducted by the Institute of Banking Personal Selection in November-December 2011 will be eligible to apply for the post.

The bank has reported a 21.76% jump in its net profit for the fourth quarter ending March 31, 2012 at Rs 528.81 crore, compared to the year-ago period. The total income of the city-headquartered bank in the January-March quarter rose by 38.26% to Rs 5,415.09 crore as against Rs 3,916.58 crore during the same period of previous year.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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